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Waqar Zaka moves court to remove ban on digital currency

SAMAA | - Posted: Jan 29, 2020 | Last Updated: 3 weeks ago
SAMAA |
Posted: Jan 29, 2020 | Last Updated: 3 weeks ago
Waqar Zaka moves court to remove ban on digital currency

Photo: AFP

Waqar Zaka, a social worker and TV show host, has filed a case in the Sindh High Court asking for the removal of the ban on cryptocurrency in Pakistan.

The petitioner has said that digital currency will bring in more investment into the country.

The State Bank of Pakistan, in its reply, has said that many people in the country aren’t educated because of which digital currency can be used to scam them. The trade of cryptocurrency may lead to money laundering, he said.

The court has asked for the FBR’s detailed reply in the case.

The State Bank had imposed the ban in April 2018.

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One Comment

  1. Avatar
      Jamal Ali  January 29, 2020 4:29 pm/ Reply

    aslam o alaikum ,
    banking sectors ko educate karny ki zarorat hay , ku k yeh digital technology pori duniya main use ho rhei hy or un k banking system se wohi crypto coin buy ho sakta jis ko wo allow karty hain, IT main wesy be hamara mulak bohat pichy or ainda be koi khatir khwa paishrafat nahi honi is main ku k opat baitha sara tabka IT k future se related e nahi wo bus seats par baithy howy hain , Waqar zaka ny Pakistan ki apni crypto currency launch karny koi bat ki wo tu legal ho sakti . karoro nahi arbo dollars ki invest hoti is main pori duniya se, khair Pakistan main wohi kam chalta jis main commission lia ya dia jata or sab idaro ko pata k is se Pakistan ka revenu increase hoga is liy koi head of department is k liy action nahi ly raha na e serious hay koi, jo log kam kar rehy unko dara dhamka k rishwat lay k choor dia jata k yeh gair kanooni kam hy or ban hy, online windows se lay kar sary softwares ka koi license nahi use karta wo tu ban nahi karty , Allah pak hadayat ata kary

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cryptocurrency, digital currency, Pakistan, Sindh High Court
 
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